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Bulgaria has attracted foreign investment of EUR 128.2 M in the first two months of 2015, according to Deputy Economy Minister Daniela Vezieva. She boasted that foreign investment in 2014 totaled EUR 1.29 B, adding that the Economy Ministry sought to attract investments especially in hi-tech industries and sustainable jobs.

Διαβάστε περισσότερα: Bulgaria Attracted Foreign Investment of EUR 128.2 M in Jan, Feb 2015

Bulgaria Growth 2017Bulgaria's economic growth is expected to slow down to 2.3% in 2016 from last year's 3.0%, the International Monetary Fund (IMF) said on Friday. Growth of 2.3% is also projected for Bulgaria for 2017 in the IMF’s latest Regional Economic Issues report for the region of Central, Eastern, and Southeastern Europe (CESEE).

Διαβάστε περισσότερα: IMF Projects 2.3% GDP Growth for Bulgaria in 2016

Bulgaria, which has one of the lowest corporate tax rates in the EU, has objected to the introduction of a 26% withholding tax on all transactions originating from sources in Bulgaria, Cyprus and Ireland by Greece.The tax provisions are incompatible with the law of the European Union and infringe the fundamental principles laid down in the Treaty on the functioning of the Union, Finance Minister Vladislav Goranov said in a letter to the European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici.

Διαβάστε περισσότερα: Bulgaria Objects to ‘Discriminatory’ Change to Greece’s Income Tax Code

BNP Paribas to Withdraw from UkraineBulgarian central bank Governor Ivan Iskrov has issued an official statement on rumors and speculations questioning the stability of certain Bulgarian banks. He has described information propagated online as malicious and has denied Bulgaria's banking system could be in jeopardy. The оull text of his statement dating June 27, 2014 is below.

Διαβάστε περισσότερα: Bulgarian National Bank Governor: Banking System Stable

BNP Paribas to Withdraw from UkraineBBNP Paribas, France's largest bank by market capitalization, has announced plans to pull back from Ukraine. Its chief financial executive Lars Machenil however added BNP does not mull leaving other countries to the east of Europe, such as Turkey and Poland, website Investor.bg reports.Earlier, officials from the bank had said that by 2015, 84 branches are to be closed and 1600 job cuts made in the country.

Earlier, officials from the bank had said that by 2015, 84 branches are to be closed and 1600 job cuts made in the country

Διαβάστε περισσότερα: BNP Paribas to Withdraw from Ukraine

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